CTCI: Announcement of resolution by the Board of Directors to conduct a private placement of common shares

AI Summary (NQ-processed)

CTCI Corporation's Board of Directors has resolved to conduct a private placement of common shares, with an upper limit of 90,000,000 shares. The funds raised will be used to supplement operating capital, strengthen corporate competitiveness, and support investment needs. The private placement price will be set at 80% of the reference price, with a three-year transfer restriction, after which public issuance can be applied for.